Squires James A

SEC source: 0001225208-20-008687 · doc4.xml · derivative · entry 17

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,229

Underlying: Common Stock · 1,061 shares

Expires 2024-01-22

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Reflects exercise and resulting cancellation of stock option, in a single transaction, exempt from Section 16(b). The stock option was granted under the Long-Term Incentive Plan (a Rule 16b-3 plan).

F1 · shares: Reflects exercise and resulting cancellation of stock option, in a single transaction, exempt from Section 16(b). The stock option was granted under the Long-Term Incentive Plan (a Rule 16b-3 plan).

F1 · price: Reflects exercise and resulting cancellation of stock option, in a single transaction, exempt from Section 16(b). The stock option was granted under the Long-Term Incentive Plan (a Rule 16b-3 plan).

SEC source: 0001225208-20-008687 · doc4.xml · derivative · entry 16

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 22,568 shares

Expires 2023-01-23

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Reflects exercise and resulting cancellation of stock option, in a single transaction, exempt from Section 16(b). The stock option was granted under the Long-Term Incentive Plan (a Rule 16b-3 plan).

F1 · shares: Reflects exercise and resulting cancellation of stock option, in a single transaction, exempt from Section 16(b). The stock option was granted under the Long-Term Incentive Plan (a Rule 16b-3 plan).

F1 · price: Reflects exercise and resulting cancellation of stock option, in a single transaction, exempt from Section 16(b). The stock option was granted under the Long-Term Incentive Plan (a Rule 16b-3 plan).

SEC source: 0001225208-20-008687 · doc4.xml · nonDerivative · entry 10

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 63,180

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $190.8400 to $191.9600, inclusive.

F2 · balance_after: Excludes 5,892 shares which remain held indirectly in a grantor retained annuity trust (GRAT), previously held directly.

SEC source: 0001225208-20-008687 · doc4.xml · nonDerivative · entry 9

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 85,748

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $190.8400 to $191.9600, inclusive.

F2 · balance_after: Excludes 5,892 shares which remain held indirectly in a grantor retained annuity trust (GRAT), previously held directly.

SEC source: 0001225208-20-008687 · doc4.xml · nonDerivative · entry 8

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 107,977

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $191.2400 to $192.1100, inclusive.

F2 · balance_after: Excludes 5,892 shares which remain held indirectly in a grantor retained annuity trust (GRAT), previously held directly.

SEC source: 0001225208-20-008687 · doc4.xml · nonDerivative · entry 7

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 113,977

F2 · balance_after: Excludes 5,892 shares which remain held indirectly in a grantor retained annuity trust (GRAT), previously held directly.

SEC source: 0001225208-20-008687 · doc4.xml · nonDerivative · entry 6

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 114,499

F2 · balance_after: Excludes 5,892 shares which remain held indirectly in a grantor retained annuity trust (GRAT), previously held directly.

SEC source: 0001225208-20-008687 · doc4.xml · nonDerivative · entry 5

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 115,021

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Reflects exercise and resulting cancellation of stock option, in a single transaction, exempt from Section 16(b). The stock option was granted under the Long-Term Incentive Plan (a Rule 16b-3 plan).

F2 · balance_after: Excludes 5,892 shares which remain held indirectly in a grantor retained annuity trust (GRAT), previously held directly.

SEC source: 0001225208-20-008687 · doc4.xml · nonDerivative · entry 4

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 114,062

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Reflects exercise and resulting cancellation of stock option, in a single transaction, exempt from Section 16(b). The stock option was granted under the Long-Term Incentive Plan (a Rule 16b-3 plan).

F2 · balance_after: Excludes 5,892 shares which remain held indirectly in a grantor retained annuity trust (GRAT), previously held directly.

SEC source: 0001225208-20-008687 · doc4.xml · nonDerivative · entry 3

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 113,001

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Reflects exercise and resulting cancellation of stock option, in a single transaction, exempt from Section 16(b). The stock option was granted under the Long-Term Incentive Plan (a Rule 16b-3 plan).

F2 · balance_after: Excludes 5,892 shares which remain held indirectly in a grantor retained annuity trust (GRAT), previously held directly.

SEC source: 0001225208-20-008687 · doc4.xml · nonDerivative · entry 2

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 107,001

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Reflects exercise and resulting cancellation of stock option, in a single transaction, exempt from Section 16(b). The stock option was granted under the Long-Term Incentive Plan (a Rule 16b-3 plan).

F2 · balance_after: Excludes 5,892 shares which remain held indirectly in a grantor retained annuity trust (GRAT), previously held directly.

SEC source: 0001225208-20-008687 · doc4.xml · nonDerivative · entry 1

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 84,772

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Reflects exercise and resulting cancellation of stock option, in a single transaction, exempt from Section 16(b). The stock option was granted under the Long-Term Incentive Plan (a Rule 16b-3 plan).

F2 · balance_after: Excludes 5,892 shares which remain held indirectly in a grantor retained annuity trust (GRAT), previously held directly.

SEC source: 0001225208-20-004565 · doc4.xml · nonDerivative · entry 2

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By Spouse

Disclosed balance after: 62,242

SEC source: 0001225208-20-004565 · doc4.xml · nonDerivative · entry 1

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 62,204

F1 · balance_after: Excludes 5,892 shares which remain held indirectly in a grantor retained annuity trust (GRAT), previously held directly.

SEC source: 0001225208-20-001494 · doc4.xml · derivative · entry 9

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,148

Underlying: Common Stock · 9,200 shares

Expires not disclosed

F4 · derivative.exercise_price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 30, 2020, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F4 · kind: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 30, 2020, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F4 · shares: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 30, 2020, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F4 · price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 30, 2020, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F4 · derivative.exercise_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 30, 2020, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F4 · derivative.expiration_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 30, 2020, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

SEC source: 0001225208-20-001494 · doc4.xml · derivative · entry 8

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,480

Underlying: Common Stock · 22,480 shares

Expires 2030-01-30

F3 · price: Reports the grant to the reporting person of an option to purchase shares of common stock under the Norfolk Southern Corporation Long-Term Incentive Plan (a 16b-3 plan).

SEC source: 0001225208-20-001494 · doc4.xml · nonDerivative · entry 2

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 79,439

SEC source: 0001225208-20-001494 · doc4.xml · nonDerivative · entry 1

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 100,525

F1 · kind: Represents shares earned by the reporting person under the formula-based performance share feature of the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

SEC source: 0001225208-20-001319 · doc4.xml · derivative · entry 8

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,948

Underlying: Common Stock · 2,982 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the first of four installments.

F4 · kind: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the first of four installments.

F4 · price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the first of four installments.

F4 · derivative.exercise_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the first of four installments.

F4 · derivative.expiration_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the first of four installments.

SEC source: 0001225208-20-001319 · doc4.xml · nonDerivative · entry 2

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,202

F1 · balance_after: Excludes 5,892 shares which remain held indirectly in grantor retained annuity trusts (GRATS), previously held directly.

SEC source: 0001225208-20-001319 · doc4.xml · nonDerivative · entry 1

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,477

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001225208-20-001301 · doc4.xml · derivative · entry 11

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 3,600 shares

Expires 2020-01-27

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F6 · derivative.exercise_price: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 27, 2015, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

F6 · kind: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 27, 2015, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

F6 · price: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 27, 2015, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

F6 · derivative.exercise_date: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 27, 2015, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

F6 · derivative.expiration_date: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 27, 2015, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

SEC source: 0001225208-20-001301 · doc4.xml · derivative · entry 10

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,060

Underlying: Common Stock · 3,030 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 25, 2018, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments.

F5 · kind: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 25, 2018, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments.

F5 · price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 25, 2018, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments.

F5 · derivative.exercise_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 25, 2018, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments.

F5 · derivative.expiration_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 25, 2018, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments.

SEC source: 0001225208-20-001301 · doc4.xml · nonDerivative · entry 4

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,495

F1 · balance_after: Excludes 5,892 shares which remain held indirectly in grantor retained annuity trusts (GRATS), previously held directly.

SEC source: 0001225208-20-001301 · doc4.xml · nonDerivative · entry 3

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,600

SEC source: 0001225208-20-001301 · doc4.xml · nonDerivative · entry 2

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,600

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001225208-20-001301 · doc4.xml · nonDerivative · entry 1

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 48,570

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001225208-19-014899 · doc4.xml · nonDerivative · entry 2

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By Spouse

Disclosed balance after: 45,007

SEC source: 0001225208-19-014899 · doc4.xml · nonDerivative · entry 1

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 44,970

F1 · balance_after: Excludes 5,892 shares which remain held indirectly in a grantor retained annuity trust (GRAT), previously held directly.

SEC source: 0001225208-19-009572 · doc4.xml · nonDerivative · entry 4

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By Spouse

Disclosed balance after: 55,888

SEC source: 0001225208-19-009572 · doc4.xml · nonDerivative · entry 3

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By Spouse

Disclosed balance after: 60,790

SEC source: 0001225208-19-009572 · doc4.xml · nonDerivative · entry 2

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 55,887

F1 · balance_after: Excludes 5,892 shares which remain held indirectly in grantor retained annuity trusts (GRATs), previously held directly.

SEC source: 0001225208-19-009572 · doc4.xml · nonDerivative · entry 1

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 85,543

SEC source: 0001225208-19-008426 · doc4.xml · nonDerivative · entry 2

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By the M.O. Squires Irrevocable Trust

Disclosed balance after: 3,636.923

F1 · balance_after: Includes 73.923 shares of common stock acquired by the trust as a result of participation in a dividend reinvestment plan.

F2 · ownership.nature: Represents shares held by irrevocable trust for the benefit of the reporting person's child. The reporting person's spouse is the trustee of each trust. The reporting person has no pecuniary interest or investment controlover these shares.

SEC source: 0001225208-19-008426 · doc4.xml · nonDerivative · entry 1

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By the E.H. Squires Irrevocable Trust

Disclosed balance after: 3,636.923

F1 · balance_after: Includes 73.923 shares of common stock acquired by the trust as a result of participation in a dividend reinvestment plan.

F2 · ownership.nature: Represents shares held by irrevocable trust for the benefit of the reporting person's child. The reporting person's spouse is the trustee of each trust. The reporting person has no pecuniary interest or investment controlover these shares.

SEC source: 0001225208-19-007264 · doc4.xml · derivative · entry 8

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,568

Underlying: Common Stock · 1,432 shares

Expires 2023-01-23

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · kind: Reflects exercise and resulting cancellation of stock option, in a single transaction, exempt from Section 16(b). The stock option was granted under the Long-Term Incentive Plan (a Rule 16b-3 plan).

F5 · shares: Reflects exercise and resulting cancellation of stock option, in a single transaction, exempt from Section 16(b). The stock option was granted under the Long-Term Incentive Plan (a Rule 16b-3 plan).

F5 · price: Reflects exercise and resulting cancellation of stock option, in a single transaction, exempt from Section 16(b). The stock option was granted under the Long-Term Incentive Plan (a Rule 16b-3 plan).

SEC source: 0001225208-19-007264 · doc4.xml · nonDerivative · entry 2

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 80,641

F1 · balance_after: Excludes 5,892 shares which remain held indirectly in a grantor retained annuity trust (GRAT), previously held directly.

SEC source: 0001225208-19-007264 · doc4.xml · nonDerivative · entry 1

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 81,132

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001225208-19-005321 · doc4.xml · nonDerivative · entry 2

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By Spouse

Disclosed balance after: 31,136

SEC source: 0001225208-19-005321 · doc4.xml · nonDerivative · entry 1

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 79,700

F1 · balance_after: Excludes 5,892 shares which remain held indirectly in grantor retained annuity trusts (GRATs), previously held directly.

SEC source: 0001225208-19-001591 · doc4.xml · derivative · entry 8

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,930

Underlying: Common Stock · 11,930 shares

Expires 2020-01-28

F6 · derivative.exercise_price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F6 · kind: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F6 · shares: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F6 · price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

SEC source: 0001225208-19-001591 · doc4.xml · derivative · entry 7

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,820

Underlying: Common Stock · 25,820 shares

Expires 2029-01-27

F5 · price: Reports the grant to the reporting person of an option to purchase shares of common stock under the Norfolk Southern Corporation Long-Term Incentive Plan (a 16b-3 plan).

SEC source: 0001225208-19-001591 · doc4.xml · nonDerivative · entry 2

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 83,450

F2 · balance_after: Excludes 5,892 shares which remain held indirectly in grantor retained annuity trusts (GRATs), previously held directly.

SEC source: 0001225208-19-001591 · doc4.xml · nonDerivative · entry 1

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 108,613

F1 · shares: Represents shares earned by the reporting person under the formula-based performance share feature of the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

SEC source: 0001225208-19-001700 · doc4a.xml · derivative · entry 2

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,930

Underlying: Common Stock · 11,930 shares

Expires not disclosed

F3 · derivative.exercise_price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F3 · kind: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F3 · shares: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F3 · price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F3 · derivative.exercise_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F3 · derivative.expiration_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

SEC source: 0001225208-19-001700 · doc4a.xml · derivative · entry 1

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,820

Underlying: Common Stock · 25,820 shares

Expires 2029-01-27

F1 · derivative.exercise_price: The exercise price of these stock options was previously reported incorrectly as $164.44. The correct exercise price is $165.79.

F2 · price: Reports the grant to the reporting person of an option to purchase shares of common stock under the Norfolk Southern Corporation Long-Term Incentive Plan (a 16b-3 plan).

SEC source: 0001225208-19-001403 · doc4.xml · derivative · entry 7

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,090

Underlying: Common Stock · 3,030 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 25, 2018, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F5 · kind: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 25, 2018, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F5 · price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 25, 2018, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F5 · derivative.exercise_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 25, 2018, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F5 · derivative.expiration_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 25, 2018, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

SEC source: 0001225208-19-001403 · doc4.xml · nonDerivative · entry 2

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,754

F2 · balance_after: Excludes 5,892 shares which remain held indirectly in grantor retained annuity trusts (GRATs), previously held directly.

SEC source: 0001225208-19-001403 · doc4.xml · nonDerivative · entry 1

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,737

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 25, 2018, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

F1 · price: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 25, 2018, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

SEC source: 0001225208-19-001251 · doc4.xml · derivative · entry 7

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 3,980 shares

Expires 2019-01-23

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 23, 2014, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

F1 · kind: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 23, 2014, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

F1 · price: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 23, 2014, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

F1 · derivative.exercise_date: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 23, 2014, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

F1 · derivative.expiration_date: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 23, 2014, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).